"How appropriate that a movie that's celebrating its 50 years, an all-time classic, Jaws, should be as relevant today as it was when it opened, Dergarabedian said. It's so great because we need every dollar to contribute to the bottom line for this summer. The rerelease helped boost a summer with earnings likely coming in at $3.7 billion, just under last summer. Still, this year will miss the typical pre-pandemic summer box office benchmark of $4 billion, Dergarabedian said."
"There were casualties this summer. It's a very crowded summer, very competitive, Dergarabedian said. At the end of the day, you can't get to that four billion mark unless every movie just clicked and is performing at or above expectations. This summer's earnings were front-loaded, with May releases like Thunderbolts and Lilo & Stitch becoming box office wins. However, the latter half of the summer struggled despite the success of movies like Weapons."
Weapons generated $10.2 million during its fourth weekend, reclaiming the No. 1 box-office position over Labor Day weekend. Universal's 50th-anniversary rerelease of Jaws earned $8.1 million in 3,200 North American theaters. Summer box-office earnings are likely about $3.7 billion, slightly below last year's totals and under the pre-pandemic benchmark of $4 billion. The season was front-loaded with May hits such as Thunderbolts and Lilo & Stitch, while the latter half struggled despite late viral successes like Weapons. The crime caper Caught Stealing debuted third with $7.8 million domestically.
Read at www.eastbaytimes.com
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